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Forum Archive Index - August 2001

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Sat, 18 Aug 2001 08:54:27 +1000


Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.

**


RMG takes first-half knocks

Credit and receivables group RMG says it is trading profitably but
restructuring costs and asset revaluation have seen it post a $10.7 million
loss for the six months ended June

http://www.sharechat.co.nz/articles/20010817-RMGhy2001b.shtml

**

Rural benefits flow through to STU

New Zealand's stronger rural and export manufacturing sectors have helped
Steel and Tube to an improved profit for the year ended June

http://www.sharechat.co.nz/articles/20010817-STUfy2001.shtml

**

Australia still major NZ investor

There's been record growth in the amount of investment coming into New
Zealand and the amount being invested overseas, with Australia continuing to
dominate the trade both ways

http://www.sharechat.co.nz/articles/20010817-NZECOinvestfy01.shtml

**

MessageMedia price disclosed

eVentures says it will get $4 million for selling its share in electronic
distribution company MessageMedia

http://www.sharechat.co.nz/articles/20010817-EVZmmprice.shtml

**

ANZ puts branches up for sale

ANZ Bank is selling and leasing back up to 34 of its branch properties
around the country

http://www.sharechat.co.nz/articles/20010817-ANZbranchsales.shtml

**

Apple Fields set for Nevada paydirt?

Christchurch-based Apple Fields is considering paying up to US$115 million
to get into the ore extraction business in Nevada

http://www.sharechat.co.nz/articles/20010817-APFnevadaore.shtml

**

Advantage takes goodwill thumping

Revenue is up and cashflow is neutral but Advantage is bleeding red ink to
the tune of $65.9 million after writing off goodwill assets

http://www.sharechat.co.nz/articles/20010817-ADVfy2001.shtml

**

Australian Markets Update

Falls in the US and Europe last night and heavy selling of News Corp shares
in anticipation of its results, dragged the market down but the decline was
quite broad

http://www.sharechat.co.nz/articles/20010817-ausmkt170801.shtml

**

Best Regards

Ben Dutton



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